A political decision to reverse Brexit would have a "significant" positive impact on the UK economy, according to a leading global think-tank.

The Organisation for Economic Co-operation and Development (OECD) said growth could be boosted if a second referendum or "change of majority" were to cancel the decision to leave the European Union.


The latest survey by the Paris-based OECD projects economic growth of just 1% in next year.

It sees the uncertainty surrounding Brexit negotiations as meaning that the UK is likely to be without a free-trade agreement with the EU by its official exit date in 2019.

news.sky.com/story/brexit-reversal-would...h-says-oecd-11084961

Having those who voted for it shot, is optional (but recommended) !

If they ignored the OECD's warnings before, I doubt that most Leave voters would heed them now. I suspect that Brexit is going to have to go ahead for there to be any chance of Leave voters feeling any pain and connecting it to their vote - which they probably won't do anyway. Much easier to blame someone else!

Jo wrote:
If they ignored the OECD's warnings before, I doubt that most Leave voters would heed them now. I suspect that Brexit is going to have to go ahead for there to be any chance of Leave voters feeling any pain and connecting it to their vote - which they probably won't do anyway. Much easier to blame someone else!

Indeed ... even the warning from Sainsburys chief this week - that fod prices will rise by 22% - won't be listened to.

As usual, they make a daft decision and then blame everyone else !

I was one of the majority who voted for Brexit, and I have no regrets.
Scaremongering never works on me.

PaulB wrote:
I was one of the majority who voted for Brexit, and I have no regrets.
Scaremongering never works on me.

Memo top self - bookmark this post for future use - when prices rise 22% and they all squeal ! (and, naturally, blame everyone else !!!)

In The Know wrote:
even the warning from Sainsburys chief this week - that fod prices will rise by 22% - won't be listened to.

Mike Coupe said that?

Link(s), please.

www.thetimes.co.uk/article/sainsburys-bo...f-shopping-vzzjw6td9

"We could face an average tariff of 22% on food we import from Europe"

good analysis -

In a 2017 report “A Food Brexit: time to get real”, Professors Tim Lang, Erik Millstone and Terry Marsden say that “the implications of Brexit for food are potentially enormous”. They point out that “the UK food system, consumer tastes and prices have been thoroughly Europeanised. This would be impossible to cut out or back by March 2019 without enormous consequences”.

www.channel4.com/news/factcheck/is-chris...re-food-after-brexit

In The Know wrote:
A political decision to reverse Brexit would have a "significant" positive impact on the UK economy, according to a leading global think-tank.

The Organisation for Economic Co-operation and Development (OECD) said growth could be boosted if a second referendum or "change of majority" were to cancel the decision to leave the European Union.


The latest survey by the Paris-based OECD projects economic growth of just 1% in next year.

It sees the uncertainty surrounding Brexit negotiations as meaning that the UK is likely to be without a free-trade agreement with the EU by its official exit date in 2019.

news.sky.com/story/brexit-reversal-would...h-says-oecd-11084961

Having those who voted for it shot, is optional (but recommended) !

This well could be the only sensible & sane thing ITK has ever said.

It will be noted on his record and when he is the the Maximum Security Tory Re-Eduction Unit ( Motto: "you can check in but never check out" ) after Comrade Corbyn takes control I'm recommending he receive and extra bread roll each week.

In The Know wrote:
www.thetimes.co.uk/article/sainsburys-bo...f-shopping-vzzjw6td9

"We could face an average tariff of 22% on food we import from Europe"

Not quite what your original post said!

hedda wrote:
Comrade Corbyn takes control

Comrade Corbyn STILL hasn't decided whether he's for Brexit or not !!!

As an eternal opportunist, he'll wait and see which side looks as if it can do most damage - then rush and join them.

In The Know wrote:
www.thetimes.co.uk/article/sainsburys-bo...f-shopping-vzzjw6td9

"We could face an average tariff of 22% on food we import from Europe"


... and its exactly what Nich Clegg warned about more than a year ago
www.ft.com/content/7f0c732c-93b8-11e6-a80e-bcd69f323a8b

major jobs risk from Brexit -

news.sky.com/story/major-business-groups...t-jobs-risk-11093313

... some will STILL bury their heads in the sand though ....

Yes you bury your head - to possible alternatives.

A no-deal Brexit (a realistic possibility) will wipe �£40 billion off our economy.

So says the OECD. The distinct lack of meaningful progress is worrying¡


Just like Juncker and Barnier holding the aces - is somewhat reminiscent bringing a knife to a gunfight...

We all seem to agree on here (except Paul and Andrew) that Brexit was a mistake and should be reversed.

The so-called "No Deal" is the most likely option (and always was to those intelligent enough to see the consequences of Brexit).

We don't want to be in the club - but we want all the benefits of being in the club.
Every heard anything so absurd?

Try approaching your local golf club and telling them that you will not pay a joining fee, will not pay any subscriptions but still want all the benefits of membership.

I think I know where they will tell you to go !!!!!!!!!!!!!!!

We - Remainers - always knew there would be a huge cost in lost jobs, collapsing economy, shrinking pound and massive imports duties ... we TOLD you so, but you chose to ignore it (and called it scaremongering, when in reality it was common sense)

The golf club analogy has been quoted before - as well as the 'we told you (¡) so' smugness.

Facts; we have an inept political party attempting to extract the UK from a club - from which it costs to leave.

Zero progress so far - except clear indications that our negotiators are comparable to estate agents!


'See what they'd say about �£31.5 billion'

In The Know wrote:
PaulB wrote:
I was one of the majority who voted for Brexit, and I have no regrets.
Scaremongering never works on me.

Memo top self - bookmark this post for future use - when prices rise 22% and they all squeal ! (and, naturally, blame everyone else !!!)

Food has and will always go up in price...selection boxes shrink every year.